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Investment signal

$414,900

42 Jade Place

Save this home

Beds

3

Baths

4 full + 1 half

Sqft

Year

2009

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to this exceptionally well maintained 3 bedroom, 4 bathroom half duplex in the desirable community of Johnstone Park. Tucked away on a quiet close with no condo fees, this home offers a great mix of comfort, function, and outdoor living.The bright open concept main floor is filled with natural light and designed for everyday living and entertaining. The kitchen features maple cabinetry, a large island with sink, plenty of counter space, and a corner pantry. The dining area leads directly to a partially covered deck, making it easy to enjoy summer BBQs. The living room is highlighted by oversized windows overlooking the beautifully landscaped backyard. Stay comfortable year round with the added bonus of central air conditioning.Upstairs you will find two spacious bedrooms, each complete with their own 4 piece ensuite and walk in closet. Convenient upper floor laundry adds to the thoughtful layout.The fully finished basement offers even more space with a large family room featuring a wet bar and built in cabinetry, a third bedroom, and an additional 4 piece bathroom. There is also a second laundry setup, with the current lower level laundry room offering excellent flexibility as a craft room, storage space, or additional utility area.Step outside to your own private backyard oasis, fully fenced with a patio and partially covered deck, perfect for relaxing evenings or entertaining guests. The property also includes a single attached garage for added convenience.A move in ready home in a fantastic location, offering space, comfort, and a beautifully maintained outdoor retreat. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Johnstone Park
Common interest
Freehold
Living area
1,341 square feet
Lot size
302.75 square meters
Lot dimensions
302.75
Bedrooms
2 above grade, 1 below grade
Parking
2 total
Stories
2
On market
Apr 24, 2026
Status changed
Apr 25, 2026
Annual tax
$3,374 (2025)
Zoning
R-D
Photos
43
MLS#
A2303535
Area
RED_DEER

Features and systems

Parking

Attached Garage

Basement

FinishedFull

Appliances

RefrigeratorDishwasherStoveMicrowave Range Hood ComboWasher & Dryer

Heating

Central heating

Cooling

None

Exterior

Vinyl siding

Construction

Wood frame

Flooring

LaminateCeramic Tile

Foundation

Poured Concrete

Lot

Back laneGazebo
Negative cash flow ~$191/mo at these assumptions

Cash on cash

-2.76%

Cap rate

4.31%

GRM

14.4

Break-even rent

$2,601

Financing

Down payment$82,980
Loan amount$331,920
Mortgage$1,682/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$190
Insurance$80
Maintenance$346
CapEx reserve$173
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,682/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.

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